When you think of property division in a divorce, assets such as houses, cars, bank accounts and valuables may come to mind first. Another asset you will want to claim your rights to is your spouse's retirement plan. You need to remember to consider not only your financial standing immediately after your divorce but also well into the future. That money would go to your benefit if you and your spouse were still married, and some of it still can even with the dissolution of your marriage. You can receive retirement benefits through a Qualified Domestic Relations Order.
When most people reflect on distributing assets during divorce, physical items like homes, retirement accounts, artwork or stock portfolios may immediately come to mind. With so many Americans tied to the internet, however, digital assets should also be considered. While many people may not market wares on Ebay or Etsy, their online presence on multiplayer online games, Facebook or iTunes will result in the accumulation of digital goods over time.
Estate planning documents are likely the last thing on a person's mind during a divorce. Child custody and visitation arrangements and property division all take precedent.
When married couples get divorced in Florida, there are certain guidelines that are used to determine how property will be divided between the spouses. These guidelines are based on certain factors that are particular to each marriage. For this reason, the division of property for one couple may not be the same for another couple.